Jerryc41
Well-known member
Reverb will be increasing it's fee from 3.5% to 5.0% on August 4. You can save money by lowering the price of what you're selling.
Mim mentioned on her FB page that she's going to have to move off Reverb and on to a dedicated, stand-alone online store. I would imagine there are a lot of other merchants that are reviewing their options right now.
Mim mentioned on her FB page that she's going to have to move off Reverb and on to a dedicated, stand-alone online store. I would imagine there are a lot of other merchants that are reviewing their options right now.
Is Etsy a sales platform?
Is Etsy a sales platform?
In my mind it is some kind of malicious website like Pinterest, where you find nice pictures in your Google search, but cannot view where it came from without creating an account. One thing is web shops that will have you create an account for buying stuff, but when they want you to create one just to view the item for sale - forget about it.
On subject, thankfully Denmark has a local websit, that, all thought Ebay bought it, is still free to use for selling stuff - unless you want priority adds etc.
It is only for a local market, but that saves shipping.
Hopefully that should work out better for her to be able to have a weekly cap and still display her stock. I thought Reverb's shipping rates to Canada were a little pricey anyway.
Is Etsy a sales platform?
In my mind it is some kind of malicious website like Pinterest, where you find nice pictures in your Google search, but cannot view where it came from without creating an account. One thing is web shops that will have you create an account for buying stuff, but when they want you to create one just to view the item for sale - forget about it.
On subject, thankfully Denmark has a local websit, that, all thought Ebay bought it, is still free to use for selling stuff - unless you want priority adds etc.
It is only for a local market, but that saves shipping.
She used to manage her own website, but it took a lot of effort and ate up a lot of her time to do so.
Don't forget she photographs each and every item she sells. And does all of her setup work. Add to that maintaining a website and it becomes a huge time sinkhole.
She'll have to pay for a site name and a host. And site security. Unless she plans to host it herself. (Bigger time suck.) Then there's shopping cart, managing transactions and fees, and updating her equipment and software regularly. And updating her listings and descriptions.
If you want to sell a painting in a well known gallery, the commission is often far in excess of 5%, more like 30 - 50%. 5% is a very low commission to be able to access millions of potential customers and the financial platform.
There would be an issue for companies which have spent some effort arranging their profit margin and marketing plan at a given %. Some changes would be required. But its a market, selling for a good profit is a very hard job to do, if you can't do the work yourself, then it is worth paying an expert or good platform to help you.
In the ukulele market, buyers have come to expect certain price points, which have been possible because the selling platforms have very low commissions. Now the platforms are increasing the commissions so buyers will either have to pay more, or look harder to access ukuleles. If the commissions go beyond a threshold, then the platform will die and even the big sellers will leave. So I suppose the platform owners will mess with the price to find the thresholds, and they will keep the commissions just below a threshold where you will not post as a seller.
UU has a marketplace, which has no commission and easy rules and a few risks. FaceBook has similar marketplace pages. Yet UU members continue to promote Reverb and Amazon and eBay all the time. The Reverb owners know they can depend on you for free promotion. I think they also probably think that you will spend more of your money to pay the increased commissions. Will you prove them right?
What if you just stopped posting about Reverb, Amazon and eBay and started to take a bigger interest in selling platforms which are much more seller friendly? What if this is the last post in this thread and we never mention Reverb again?
If talking about something is promoting it, we promote all kinds of stuff here. I mean, that's why we exist, to talk about stuff. You talk a lot. So do I. I mean, "let's not talk about Reverb, Amazon, or eBay," why is that? Let's not talk about Watermans anymore because I don't like them and I don't think that we should be promoting them to people. It makes about as much sense. Let's not talk about anything anymore. Come on. This is why we are here. We socialize here.UU has a marketplace, which has no commission and easy rules and a few risks. FaceBook has similar marketplace pages. Yet UU members continue to promote Reverb and Amazon and eBay all the time. The Reverb owners know they can depend on you for free promotion. I think they also probably think that you will spend more of your money to pay the increased commissions. Will you prove them right?
What if you just stopped posting about Reverb, Amazon and eBay and started to take a bigger interest in selling platforms which are much more seller friendly? What if this is the last post in this thread and we never mention Reverb again?
If you want to sell a painting in a well known gallery, the commission is often far in excess of 5%, more like 30 - 50%. 5% is a very low commission to be able to access millions of potential customers and the financial platform.
There would be an issue for companies which have spent some effort arranging their profit margin and marketing plan at a given %. Some changes would be required. But its a market, selling for a good profit is a very hard job to do, if you can't do the work yourself, then it is worth paying an expert or good platform to help you.
In the ukulele market, buyers have come to expect certain price points, which have been possible because the selling platforms have very low commissions. Now the platforms are increasing the commissions so buyers will either have to pay more, or look harder to access ukuleles. If the commissions go beyond a threshold, then the platform will die and even the big sellers will leave. So I suppose the platform owners will mess with the price to find the thresholds, and they will keep the commissions just below a threshold where you will not post as a seller.
UU has a marketplace, which has no commission and easy rules and a few risks. FaceBook has similar marketplace pages. Yet UU members continue to promote Reverb and Amazon and eBay all the time. The Reverb owners know they can depend on you for free promotion. I think they also probably think that you will spend more of your money to pay the increased commissions. Will you prove them right?
What if you just stopped posting about Reverb, Amazon and eBay and started to take a bigger interest in selling platforms which are much more seller friendly? What if this is the last post in this thread and we never mention Reverb again?
Now it's just another corporate-driven moneymaker.